Date
Details
Price
Change
Source
8/01/2025
Listed
$630,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
$630,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
Property Description
Incredible Investment Opportunity! This well-maintained 9-unit multifamily building featuring separate living and dining areas in each unit, offering excellent rental appeal and consistent monthly revenue. Partially renovated, the property in few updated units, refinished hardwood floors, new kitchen countertops, and fresh paint throughout the common areas. Recent improvements include a new roof (2019), energy-efficient hot water tank, individual furnaces, and energy-saving upgrades throughout the building. The property is fully occupied, making it a true turnkey investment with a solid return. Additional highlights include a 6-car garage, enclosed back porches, potential storage areas for tenants, a property management office, and a large backyard perfect for summer gatherings or future enhancements. Don't miss your chance to own a stable income-producing asset in a strong rental market!
Full Property Details
Full Property Details for 7918 S Calumet Ave
General
- Price: $630,000
- HOA FEE: $400
- Taxes: $7,333 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12435373
- Updated: 1/30/2026
- Added to Site: 203 day(s) ago
Interior
- Basement: Unfinished
Location
- Area: CHI - Chatham
- County: Cook
- Township: Hyde Park
- Driving Directions: Martin Luther King Dr to E. 79th, west on 79th to Calumet, south to address
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Trash: 2112
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Year Built: 1926
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: less than .25 acre
- Zoning: COMMR
Financial Considerations
- Maint. Fee: $400
- Insurance Fee: $7,684
- Operating Expenses: $28,133
- Assessment Year: 1926
- Tax Amount: $7,333
- Tax Year: 2023
- Tenant Pays: Electricity
- Pays Electric: 2004
- Pays Trash: 2112
Disclosures and Reports
- Property ID: 20341040250000
Listed by Prince Realty Group LLC
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 7918 S Calumet Ave —
Prince Realty Group LLC
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7918 S Calumet Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ruggles Elementary School 7831 South Prairie Avenue, Chicago, IL 60619 | K-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7918 S Calumet Ave
Tax History
Tax History for 7918 S Calumet Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,319
3%
$34,689
—
2022
$7,135
2%
$34,689
—
2021
$6,976
-34%
$34,689
-27%
2020
$10,575
11%
$47,471
—
2019
$9,537
-5%
$47,471
-7%
2018
$10,067
6%
$50,963
15%
2017
$9,541
7%
$44,323
—
2016
$8,877
9%
$44,323
—
2015
$8,122
4%
$44,323
6%
2014
$7,774
2%
$41,901
—
2013
$7,621
1%
$41,901
—
2012
$7,519
—
$41,901
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7918 S Calumet Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Commercial Lease
- Active
- Updated 2 days ago
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 1,479Sq. Ft.
- Single Family
- Active
- Updated 19 hours ago
- 5Beds
- 2Total Baths
- 1,464Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 958Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 2Total Baths
- 2,000Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Multi-Family
- Closed
- 7Total Beds
Listed by Marc Whitley
Sold by Taylor Pineda
Sold by Taylor Pineda
7918 S Calumet Avenue, Chicago, IL 60619 (MLS# 12435373) is a Commercial property. 7918 S Calumet Avenue is currently listed for $630,000 and was received on August 01, 2025. Want to learn more about 7918 S Calumet Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.